Global

May 21, 2023 @ 10:28 pm By JD Alois  |  

Tranglo and Lulu Money have announced a partnership on cross-border payments. Tranglo currently processes 80% of its payments in real-time.  LuLu Financial Holdings runs a proprietary Digit9 platform, an API-first model for remittance-as-a-service. The two companies say they will benefit from complementary strengths on international… Read More

May 21, 2023 @ 10:02 pm By Omar Faridi  |  

Solaris, Europe’s embedded finance platform, published its first sustainability report, detailing sustainability performance and activities covering the entirety of 2022. Following the implementation of Solaris’ ESG strategy titled ‘Nature, People, Business’ (NPB) last year, the report “highlights key steps that the organization is taking to… Read More

May 21, 2023 @ 9:55 pm By Omar Faridi  |  

Tyro Payments is pleased to announce that its customers in Australia are now able to accept in-person contactless payments seamlessly and securely with Apple’s Tap to Pay on iPhone contactless payment acceptance technology using the new Tyro BYO App, starting now. Tap to Pay on iPhone… Read More

May 21, 2023 @ 9:17 pm By Omar Faridi  |  

Strike, the global money app for fast, safe payments and bitcoin, recently announced the global launch of its app in over 65 countries, “expanding access to its revolutionary payments and bitcoin services to nearly 3 billion people worldwide.” Strike’s global money app “leverages the power… Read More

May 21, 2023 @ 6:56 pm By Omar Faridi  |  

Aurum Equity Partners, an investor in fast-growing digital infrastructure real estate data center assets, is pleased to announce the launch of its $250M global private equity fund plan to close Q1 2024. Aurum has “allocated $50M to Hyderabad, Telangana for the development of data centers,… Read More

May 21, 2023 @ 1:40 pm By JD Alois  |  

Crowdcube’s Next Unicorn project has narrowed the number of companies down to 20. As the name explains, the project is to uncover the next company to be worth over one billion dollars. As was previously reported, BrewDog co-founder James Watt is working with Crowdcube on… Read More

May 21, 2023 @ 1:10 pm By Omar Faridi  |  

Temenos (SIX: TEMN) launched a fully-Integrated front-to-back, mortgages solution with a smart decision engine powered by Explainable AI, “helping lenders to deliver a personalized digital mortgage experience while reducing their costs and time to close.” The solution “enhances productivity and reduces delinquencies for the lenders… Read More

May 21, 2023 @ 12:00 pm By Omar Faridi  |  

GoCardless, a global firm focused on direct bank payments, has partnered with Bluefort, an independent software vendor and Microsoft solutions partner, in order “to offer a simple way for businesses to manage their billing, payments and accounting directly within Dynamics 365.” The newly launched GoCardless… Read More

May 21, 2023 @ 10:28 am By Omar Faridi  |  

With more than 90% of countries exploring, developing and implementing Central Bank Digital Currencies (CBDCs) as a way to increase financial inclusion and lower the cost and risk of domestic and cross-border payment processes, Ripple is announcing the Ripple CBDC Platform, which is described as… Read More

May 21, 2023 @ 9:20 am By Omar Faridi  |  

Over twenty blockchain teams and venture funds have teamed up to launch a $50 million Cross-Chain Ecosystem Fund “focused on backing and growing new startups that leverage the Wormhole cross-chain messaging protocol.” The Cross-Chain Ecosystem Fund is “being managed and operated by Borderless Capital, a… Read More

May 21, 2023 @ 9:19 am By Omar Faridi  |  

Tether, the company operating the blockchain-enabled platform tether.to that powers the first and most widely used stablecoin, announced a collaboration with KriptonMarket, an on/off ramp solution, in order “to give users in Argentina access to stablecoins at the Central Market of Buenos Aires, one of… Read More

May 21, 2023 @ 9:18 am By Omar Faridi  |  

Analysis from online pension provider, PensionBee, reveals that pension savers put significantly more money “aside for their retirement at the start of 2023 than they did in the latter part of 2022, despite persistent levels of high inflation.” The average quarterly contribution amount “for female… Read More

May 20, 2023 @ 12:54 pm By Omar Faridi  |  

Cogo – the carbon footprint management company that works with banks to help customers measure, understand and reduce their carbon footprint – and NayaOne – the Global Digital Transformation Platform for financial services firms – are announcing “the launch of a new partnership which will… Read More

May 20, 2023 @ 10:34 am By Omar Faridi  |  

MerQube UK Limited, a key player focused on the development of technology for indexing and rules-based investing, announces that it has been authorized by the UK’s Financial Conduct Authority (FCA) “to carry on the regulated activity of administering benchmarks under Article 34 of the Regulation… Read More

May 19, 2023 @ 5:46 pm By JD Alois  |  

T. Raja Kumar of Singapore is the current president of the FATF, and yesterday he issued a call to the G7 to end the “lawless crypto space.” The Financial Action Task Force is a global group that aims to halt money laundering, terrorist financing and… Read More

May 19, 2023 @ 3:22 pm By JD Alois  |  

Announced last month,  Boustead Securities, a broker-dealer, now allows US-based investors to trade dual-listed securities on Upstream – part of MERJ Exchange. Upstream is a market providing liquidity for digital securities and is actively seeking firms interested in dual listings – IE companies trading on… Read More

May 19, 2023 @ 12:48 pm By Omar Faridi  |  

Fintech firm Revolut has introduced multi-currency business accounts in Australia and signaled its intention to acquire a banking license in the country. The new business account allows companies to exchange as much as A$75,000 per month, with head of Revolut Business James Gibson revealing to… Read More

May 19, 2023 @ 11:18 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) and the Federal Reserve Bank of New York’s New York Innovation Center  (NYIC) have published a research report sharing the results of the joint Project Cedar Phase II x Ubin+ (Cedar x Ubin+). Singapore is typically viewed as the… Read More

May 19, 2023 @ 11:02 am By Omar Faridi  |  

ARK36, the Cyprus-based leading alternative investment digital asset fund, has announced today the launch of a proprietary machine learning-based trading software system, “to improve the way its portfolio management team can navigate the dynamic world of cryptocurrency trading.” The new software will “leverage advanced algorithms… Read More

May 19, 2023 @ 8:27 am By Omar Faridi  |  

Pakistan will reportedly attempt to ban cryptocurrency-related transactions and services. This is not anything new because the country has made similar announcements as far back as 2018 and even earlier. Pakistan‘s Minister of State for Finance and Revenue Aisha Ghaus Pasha recently stated that the… Read More